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Finland and Sweden on Sunday (4 September) announced plans to offer billions of euros in liquidity guarantees to power companies in their countries after Russia's Gazprom shut the Nord Stream 1 gas pipeline, deepening Europe's energy crisis.

In today’s edition of the Capitals, find out more about Finland proposing a loan and guarantee scheme for electricity production companies, Bulgaria increasing Russian visa prices, and so much more.

Italy’s long history of politicians relying on EU institutional infrastructure and resources to increase their profiles back home comes to the forefront in upcoming national elections, where 12 out of 76 Italian MEPs have presented their candidacy. Fratelli d’Italia, the...

Giorgia Meloni, set to lead a new Italian government, warned on 4 September of the risk posed by Russia's invasion of Ukraine, calling it the "tip of the iceberg" in a struggle for influence.

After raising interest rates for the first time in over a decade at their last meeting, European Central Bank policymakers are poised to deliver another bumper hike on Thursday (8 September) in a show of determination to tame soaring inflation.

The German government will suspend the price increase of its domestic carbon price for one year as part of a €65 billion relief package meant to alleviate the strain of record-breaking energy prices.

Albanian Power Corporation (KESH) Director Ergys Verdho has asked for EU assistance in combatting the energy crisis, joining calls from Prime Minister Edi Rama and other regional leaders over fears of high prices and plunging temperatures as winter draws nearer....

Fragiile Balkan peace is at risk due to Russia, who would be happy if conflict erupted said Albanian Prime Minister Edi Rama to Der Spiegel as both France and Germany appointed special advisors to the EU’s envoy for the Serbia-Kosovo dialogue....

Slovenian President Borut Pahor visited Belgrade to meet Serbian counterpart Aleksandar Vucic and discuss political will to maintain the European outlook of the Western Balkans and stability. “The war in Ukraine doesn’t help peace and stability in the Western Balkans,...

Serbia and Ukraine share the same European values, but Ukraine wants more Serbian support, spokesperson for the Ukrainian Foreign Ministry, Oleg Nikolenko, said in Kyiv on Saturday. “Serbia wants to join the European Union (EU), and I believe we share...

Bulgaria will increase the price of visas for Russian tourists from €35 to €80 following a decision taken at the EU level, announced the caretaker Minister of Tourism, Ilin Dimitrov. In an interview with Bulgarian National Television, Dimitrov explained that the...

The EU should not export its waste challenges to third countries with lower treatment standards. The revision of the Waste Shipment Regulation (WSR) is the last chance to get things right while contributing to EU climate targets and saving secondary raw materials.

European leaders on Sunday (4 September) sought to ease the impact of high energy prices across the continent, after Ukrainian President Volodymyr Zelenskyy warned of a difficult winter, even as he reported progress in a counter-offensive against Russian troops.

If energy prices rise by half, the share of loss-making Slovak companies will to rise to 41% from 28%, with a further 6% making no profits if prices double, says a new study by the National Bank of Slovakia (NBS)....

Pro-Russian forces are to blame for the protest against the Czech government’s foreign and economic policy in which 70,000 people gathered, according to Czech conservative Prime Minister Petr Fiala. The event was organised by radical political groups, including Communist Party and Freedom...

Spanish Prime Minister Pedro Sánchez kicked off a “marathon” political campaign in Seville on Saturday with a clear message to those affected by the crisis: this is “the government of the people”. Sánchez’s socialist party (PSOE/S&D) wants to convey the...

Turkish President Recep Tayyip Erdoğan called on Greece to stop “militarising” Greek islands neighbouring Turkey and warned that Turkish military forces could come “at night”. The threat comes after tensions between the two neighbours have become increasingly heightened in recent...

Social Democrat party leader and Prime Minister Magdalena Andersson is hoping to find a European solution to what her opponents consider a problem her party helped create as Sweden faces soaring energy prices ahead of the elections. At a press...

A loan and guarantee scheme of up to €10 billion for electricity production companies at risk of insolvency was agreed on by the Finnish government on Sunday. The scheme, under which the state may grant loans or guarantees, covers the...

The Hamas Islamist movement ruling the Gaza Strip announced on Sunday (4 September) that it executed five Palestinians, including two for "collaboration" with Israel.